Open Credit Limited
12591394
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/05/2020
TECHNOLOGY EXECUTIVE
BRITISH · ENGLAND · Age 33
Persons with Significant Control
Mr. Dominic Tin Shing Kwok
British · England · Age 35
167-169, Great Portland Street, London, W1W 5PF
Notified 07/05/2020
Mr Johannes Jaeckle
German · England · Age 35
167-169, Great Portland Street, London, W1W 5PF
Notified 07/05/2020
Mr James Symon Ohlmeyer Parker
British · England · Age 33
167-169, Great Portland Street, London, W1W 5PF
Notified 07/05/2020
CompanyRankvs 42633+ SIC 62090 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£419k
Balance sheet strength
Cash
£782k
Cash in the bank
Net Current Assets
-£426k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.6M
Fixed Assets
£6k
Debtors
£401k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.74 | -£769k |
| 2024 | 5.22 | +£1.3M |
| 2023 | 0.22 | -£628k |
| 2022 | 0.24 | -£169k |
| 2021 | 1.03 | — |
Derived from filed accounts. Not audited figures.